Md. Code, PUC § 5-202

Current with changes from the 2024 Legislative Session

Section 5-202 - Actions affecting franchises

Without prior authorization of the Commission, a public service company may not:

(1) assign, lease, or transfer a franchise or a right under a franchise;

(2) enter into any agreement or contract that materially affects a franchise or a right under a franchise; or

(3) abandon or discontinue the exercise of a franchise or a right as a whole or in part.

Md. Code, PUC § 5-202